India's Position in the Global AI Race
As India positions itself as a major player in the global AI arena, the country is aiming to make AI both affordable and accessible through the launch of the Rs 10,000 crore IndiaAI Mission.
Objectives of IndiaAI Mission
- Ensure AI benefits reach all sectors including education and public health.
- Expand AI usage beyond traditional tech hubs like Bengaluru.
Key Initiatives and Budget
The IndiaAI Mission has a budget of Rs 10,372 crore.
- Common Compute: Deployment of 38,000 GPUs over five years with the world's lowest on-demand pricing at <$2/GPU-hr through 14 providers.
- Skilling: Aim to train over 1.25 million professionals in AI.
- Data Platform (AIKosh): Features 3,000 datasets and 243 AI models across 20 sectors.
Sectoral Impact of AI in India
Agriculture
- AI has the potential to add $4.7 billion to the agriculture sector by 2028.
- The government has funded over 300 AgriTech startups and launched the 'Kisan e-Mitra', a voice-based AI-powered chatbot responding to over 20,000 farmer queries daily.
Healthcare
- The integration of AI in healthcare could contribute $25-30 billion to India's GDP by 2025, as estimated by Nasscom.
- Over 50% of healthcare organizations in India are incorporating GenAI.
- AI-enabled telemedicine is more accessible to 78% of rural patients.
- AI-powered remote monitoring can manage patient care at a fraction of the typical ICU cost.
Education
- The EdTech AI market in India is expected to grow at a CAGR of 33.5% between 2024-2028.
- India leads in AI skill penetration with a score of 2.8, ahead of the US (2.2) and Germany (1.9), according to the Stanford AI Index 2024.
- As of the 2024-25 academic year, 800,000 students from over 4,500 schools have enrolled in AI subjects.
- In 2024, Indian learners on Coursera surpassed those in Europe, with 60% of top courses focused on AI/ML.